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a) The value that represents the 40th percentile is%. (Round to two decimal places as needed.) b) The value that represents the 99th percentile is % (Round to two decimal places as needed.) c) The IQR is % (Round to two decimal places as needed.)

a) The value that represents the 40th percentile is%. (Round to two decimal places as needed.) b) The value that represents the 99th percentile is % (Round to two decimal places as needed.) c) The IQR is % (Round to two decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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In the last quarter of 2007, a group of 64 mutual funds had a mean return of a standard deviation of 0.6% Consider the Normal model N(0.052, 0.006) for the returns of these mutual funds a) What value represents the 40th percentile of these returns? b) What value represents the 99th percentile? What's the IQR, or interquartile range, of the quarterly returns for this group of funds? SOCCE a) The value that represents the 40th percentile is%. (Round to two decimal places as needed.) b) The value that represents the 99th percentile is%. (Round to two decimal places as needed.) c) The IQR is% (Round to two decimal places as needed.)
Transcribed Image Text:In the last quarter of 2007, a group of 64 mutual funds had a mean return of a standard deviation of 0.6% Consider the Normal model N(0.052, 0.006) for the returns of these mutual funds a) What value represents the 40th percentile of these returns? b) What value represents the 99th percentile? What's the IQR, or interquartile range, of the quarterly returns for this group of funds? SOCCE a) The value that represents the 40th percentile is%. (Round to two decimal places as needed.) b) The value that represents the 99th percentile is%. (Round to two decimal places as needed.) c) The IQR is% (Round to two decimal places as needed.)
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